Waddle Street
Programs
  • All programs
  • Insight programs
  • What changed
  • Competitions
Networking
  • Contacts
  • Find people
  • Write a note
Prep
  • Learn
  • Drills
  • My answers
  • Markets
  • Resume review
  • Resources
Industries
  • Overview
  • Find your fit
  • Guides
Waddle Street
LearnDrillsMy answersMarketsResume reviewResources

Learn

Learn/Term sheets and deal terms
LearnTerm sheets and deal terms

0 of 6 lessons, sign in to save

B Basic

  • Reading a term sheet9m
  • The fully diluted cap table and vestingPro9m
  • Convertible notesPro8m

A Advanced

  • A round with a SAFE, a pool, and new moneyPro12m
  • Preference stacks across several seriesPro12m
  • Anti dilution, down rounds, and pay to playPro11m
  • FlashcardsPro0/17
  • Basic quizPro80% passes
  • Advanced quizPro80% passes
  • Terms

A round with a SAFE, a pool, and new money

Real Series A rounds convert earlier SAFEs, top up the option pool, and sell new shares at once. Solve for the share count first, and the price and every percentage follow.

This lesson is Pro

All 6 lessons in Term sheets and deal terms, with checks as you read, two quizzes, and flashcards.

The first lesson of every track stays free.

Read the free first lesson

7 days of Pro. No card, nothing to cancel.